The Canadian dollar just climbed to its highest level in five months—a solid move on the charts. But here's the plot twist: factory sales came in weaker than expected, which normally would've dragged the currency down. So what's driving the loonie higher despite the soft industrial data? Market sentiment's complex right now. The strength could reflect broader shifts in commodity prices, interest rate expectations, or capital flows into Canadian assets. For traders watching forex pairs and asset allocation, this disconnect between currency strength and economic weakness is worth paying attention to. When macro signals send mixed messages like this, it often signals underlying volatility—something to monitor closely.